Price Analysis

MATIC Price Analysis: MATIC Price is Making a Steady Comeback

The native token of Matic Network, after a great deal of tug of war over an inaccurate claim, had slid down by 70%. However, the twitter feud resolved and the Matic network cleared their stance over this matter. The MATIC price fared poorly amidst this feud.

MATIC Price analysis:

MATIC token price is making a steady comeback following this feud. Looking at the one-day chart, one can observe that the price growth is slow but steady. After falling to $0.016 USD in the late hours of Tuesday, the price now has risen to $0.019 USD. Even Though the percent change is showing a negative value of -4.86%; the price is definitely better than a day earlier. 

The technical indicators show that the token is showing bullish signs. 

  • RSI Indicator – the one-chart of RSI shows the price nearing the 60 levels with continual growth.
  • MACD Indicator – The one-hour MACD Chart is in green region depicting price growth. 

All in all, the token is showing a great comeback. Let’s hope it jumps back. What do you think of this MATIC price? Let us know your thoughts on Facebook and Twitter pages.

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Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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